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"Beverley Beach" Attractive, Two Story Cape Cod Home


Listing Details

Sold Price
Auction Date
Auction Time
11:00 AM
315 Linden Avenue, Anne Arundel County, MD, 21037
Anne Arundel County
Beverley Beach, Edgewater
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Ronald B. Katz, Solicitor
11403 Cronridge Drive - Suite 230
Owings Mills, MD 21117



 Sale On Premises
Edgewater, MD 21037

MONDAY, MAY 2, 2011
AT 11:00 A.M.

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      Under and by virtue of the power of sale contained in a certain Deed of Trust from Kathleen C. Bowers to Trustees, dated November 8, 2007, and recorded among the Land Records of Anne Arundel County, Md., in Liber 19674 Folio 460,  the holder of the indebtedness secured thereby having appointed Ronald B. Katz, as Substitute Trustee, default having occurred thereunder, the undersigned Substitute Trustee will sell at Public Auction the following:

      All that fee simple parcel of ground situate and lying in Anne Arundel County, Maryland and being more fully described in the aforementioned Deed of Trust.

      The property is located in the waterfront community of Beverley Beach, with access to beaches and other amenities.  The home contains an entry, living room, country kitchen, 2 bedrooms, bath, powder room, and rear deck on the 1st floor;  2 bedrooms and bath on the 2nd floor.  Heat pump and central air.   Public water and septic.   Lot size: 75' x 145', more or less.  In Fee Simple.


      The information pertaining to the improvements has been obtained from sources deemed reliable, but no warranty is being made as to the accuracy of this information.

      TERMS OF SALE:  A deposit by certified check or cashier's check of $15,000 shall be required of the purchaser at time and place of sale. Deposit to be increased to 10% of the purchase price within 24 hours at the offices of the Auctioneer. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Anne Arundel County at the offices of the Substitute  Trustee.  If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser.  Interest to be charged on the unpaid purchase money, at the rate stated in the Deed of Trust Note from date of sale to date of settlement.  All adjustments as of date of sale.  Taxes, and all other public charges and assessments payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser.  The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any.   If the Substitute Trustee  is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon  refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Substitute Trustee, Noteholder, or Auctioneer.  Cost of all documentary stamps, transfer taxes, and all other costs incident to settlement to be paid by purchaser.  Time shall be of the essence for the purchaser.  Risk of loss on the purchaser from date of sale.

No Buyer's Premium

Ronald B. Katz, Substitute Trustee